DETROIT – Ally Financial believes that the Federal Reserve’s analysis of Ally’s capital adequacy for the Dodd-Frank Act Stress Test (DFAST) is fundamentally flawed and, while the Fed has not provided details, the analysis is inconsistent with h

BLOOMFIELD HILLS, Mich. – Penske Automotive Group, Inc. (NYSE:PAG), an international automotive retailer, today announced that it has acquired the assets and franchise rights to become the operator of Hertz rental car locations in certain marke

At SubPrime News, reports on vehicle depreciation and the current market temperature with regard to lease agreements gets a closer look. Auto loans and the implications from rates as the year begins are just a few factors that went into the crystal b

According to F&I and Showroom, all the fuss about vehicle depreciation in 2013 may be in vain. In consultation with Black Book, researchers found that ABS rates are actually on a diminishing trend, and expects that 2013 to be a record year for lo

IRVINE, CA – Michael O’Connell, general sales manager for Lexus of Watertown, said today that the dealership is selling 40 to 50 additional vehicles a month using the AutoAlert database selling strategy. “AutoAlert is the best sales tool a

SANTA MONICA, Calif. — February’s record-breaking gas prices might have pushed shoppers to consider more fuel-efficient cars, but incentives on those vehicles left a lot to be desired, reports Edmunds.com, the premier resource for car shoppin

DETROIT – Ally Financial has launched a new advertising campaign for its U.S. automotive business, as the company continues to grow and diversify its dealer client base. With the new theme, “Ally. It’s more than our name, it’s our promise,”

AUBURN HILLS, Mich. Best February sales since 2008 35th-consecutive month of year-over-year sales gains Dodge, Ram Truck, and FIAT brands each post sales increases in February compared with same month a year ago Dodge brand sales increase 30 percent;

– Pathfinder, Versa set new February records; LEAF sales rise 36.6 percent – – Sales of Infiniti crossovers and SUVs up almost 59 percent FRANKLIN, Tenn. /PRNewswire/ — Nissan North America, Inc. (NNA) today reported February